ChainCatcher message, Solana co-founder Toly stated in response to a community member: "Bitcoin has no value. To put it positively, it's insurance. Based on my life experience, there is a 1% chance that a superpower will collapse every year. For me, spending 1% of my wealth to buy some assets that might not go to zero in that environment is worth it. This is not an investment, but a cost, and it cannot guarantee that it will work. Bitcoin can do this at both $100,000 and $10,000. If it works, it has almost nothing to do with technology, aside from the initial innovation 15 years ago."

ChainCatcher news, U.S. Securities and Exchange Commission's crypto-friendly commissioner Hester Peirce stated that the SEC is addressing the case against Coinbase with bias. She personally does not support actions against Coinbase and is concerned that using enforcement tools to regulate the crypto industry could become part of a larger strategy for the SEC.Currently, the U.S. Securities and Exchange Commission has engaged with the public by establishing a cryptocurrency working group to create a regulatory framework that serves the American public. This new approach has led to the dismissal of charges against Coinbase, but it does not indicate that the SEC will terminate enforcement when appropriate.

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform revealing that two insiders said the U.S. SEC's cryptocurrency working group will hold a series of roundtable meetings with industry participants, themed "Spring Sprint Towards Crypto Clarity."The first session is scheduled for March 21, to be held at the SEC office in Washington, D.C., and the topic of the first meeting may be "Defining the Status of Security."

ChainCatcher message, regarding the guidance issued by the U.S. Securities and Exchange Commission (SEC) on Meme coins, stating that "Meme coins are not considered securities." SEC Commissioner and crypto skeptic Caroline Crenshaw published an article on the SEC's official website, stating that the purpose of the written guidance provided by SEC staff is to promote understanding and compliance with federal securities laws. However, the guidance issued by the SEC completely undermines this concept, presenting an incomplete and unfounded legal viewpoint that suggests an entire category of products falls outside the SEC's jurisdiction.This guidance does not provide a clear legal definition, nor does it even offer basic dictionary definitions. It is not a reasonable interpretation of existing law. It raises more questions than it answers, such as what constitutes a Meme coin and whether Meme coins can be defined or are useful classifications under existing securities laws. It ultimately amounts to a broad statement of general principles, offering little clarity or predictability for any given currency.

ChainCatcher News, U.S. Securities and Exchange Commission Commissioner Caroline A. Crenshaw released "Crypto 2.0: Regulatory Whiplash," which points out that the enforcement action against Coinbase has damaged the credibility of the SEC's enforcement division, leading people to mistakenly believe that the enforcement resources are deployed based on election cycles or in favor of the wealthy, inviting criticism and sowing seeds of distrust in the government.The SEC's mission is to do the right thing for investors, issuers, and the capital markets.

ChainCatcher news, according to Cointelegraph, the digital asset division of Germany's major stock exchange Boerse Stuttgart is assisting local investment bank DekaBank in providing cryptocurrency trading services for its institutional clients. Boerse Stuttgart Digital announced a partnership with DekaBank on February 28, stating in the announcement that Boerse Stuttgart Digital will provide its regulated infrastructure to enable DekaBank to launch its cryptocurrency services, which are specifically aimed at institutional clients.This collaboration comes shortly after Boerse Stuttgart Digital Custody received full licensing under the EU's new Markets in Crypto-Assets (MiCA) framework in January. DekaBank, established in 1918, is a leading asset management company in Germany, with total assets exceeding €411.5 billion (approximately $427 billion) as of September 2024.Previous report indicates that the German financial institution DekaBank has launched cryptocurrency trading and custody services for institutional clients.

ChainCatcher message, the full-chain liquidity asset protocol StakeStone tweeted "If users hold assets such as STONE / SBTC / STONEBTC / BERASTONE, they need to continue holding" along with a camera photo, or implying that an airdrop snapshot is coming.

ChainCatcher News, SEC Commissioner Hester M. Peirce issued a statement saying that the SEC has officially withdrawn its civil enforcement action against Coinbase and will not take further action in this case. Peirce made it clear that she has never supported the case and criticized the SEC's previous reliance on enforcement actions to regulate the cryptocurrency industry, arguing that it harms the public interest in the United States, hinders industry development, and obstructs the normal functions of the SEC's professional policy team.Peirce pointed out that the SEC's broad application of the Howey test has led to regulatory ambiguity, making it difficult for compliant businesses to operate, while wrongdoers exploit regulatory gray areas to evade legal responsibilities. Furthermore, due to the lack of a clear regulatory framework, many cryptocurrency companies are forced to spend significant resources on legal defenses rather than on product innovation. She believes that the SEC's previous approach of making policy through enforcement not only misleads the industry but also prevents the policy team from effectively participating in the formulation of industry rules.She emphasized that the current SEC has established a "Crypto Task Force," empowering the policy team to take the lead in collaborating with the public to develop a regulatory framework applicable to the cryptocurrency industry. This withdrawal of the lawsuit does not mean that the SEC is abandoning enforcement; rather, it indicates that future regulation will focus on policy-making rather than solely relying on enforcement actions.

ChainCatcher news, according to CoinDesk, the cryptocurrency exchange platform BitMEX is seeking to sell and has hired boutique investment bank Broadhaven Capital Partners to assist with the sales process at the end of last year. BitMEX, established in 2014, is known for launching perpetual contract trading. Sources reveal that the exchange is looking for buyers, which is expected to spark interest in mergers and acquisitions in the industry.Currently, the crypto derivatives market is actively consolidating, with Kraken and Coinbase competing to acquire Deribit, while FalconX has acquired Arbelos Markets to expand its derivatives business. BitMEX was charged in 2020 for insufficient anti-money laundering measures and subsequently pleaded guilty. Co-founders Arthur Hayes, Ben Delo, and Samuel Reed later resigned.

ChainCatcher news, according to monitoring by lmkfun, crypto KOL Ansem received an airdrop of 215,113 KAITO and sold it for 76 ETH (approximately $206,000).Currently, the 215,113 KAITO he sold is worth about $590,000.

ChainCatcher message, time.fun posted on social media that current user demand has exceeded the platform's processing capacity, and they are actively working to resolve scalability issues. An update may be completed in the coming days or weeks, specifically including:· Significant improvement in application performance;· Launch of an open auction feature;· Addition of support for voice/video calling features.

ChainCatcher news, U.S. court documents show that the SEC, along with Justin Sun, the Tron Foundation, the BitTorrent Foundation, and Rainberry, has jointly filed a motion in the Southern District of New York Federal Court to suspend the SEC's fraud lawsuit against Sun and Tron to consider "potential resolutions."The documents indicate that suspending the lawsuit is in the interest of all parties, will not harm any party or the public, and can avoid a court ruling on Tron’s motion to dismiss the lawsuit, thereby saving judicial resources. If the judge approves, the case will be suspended for 60 days, during which both parties must submit a joint status report.The SEC sued Sun and his affiliated companies in 2023, accusing them of market manipulation, fraud, and issuing unregistered securities. This application is similar to the SEC's handling of the Coinbase and Binance cases, which may indicate that both parties are approaching a settlement.

ChainCatcher news, according to Cointelegraph, U.S. CFTC (Commodity Futures Trading Commission) Commissioner Goldsmith Romero stated that she will resign from the commission after the new appointee selected by President Trump takes office.The report noted that after Romero's resignation, Christine Johnson will become the only Democrat on the five-member CFTC commission. Goldsmith Romero helped to rebuild the Technology Advisory Committee at the CFTC, which is aimed at guiding the agency on how to best respond to the cryptocurrency industry.Previously, it was reported that Trump chose a16z's head of crypto policy, Brian Quintenz, to serve as the CFTC chairman.

ChainCatcher News: U.S. consumer confidence in February fell short of expectations, marking the largest monthly decline in over three years. Additionally, Trump stated that after the grace period, tariffs on imports from Canada and Mexico will be fully imposed, intensifying market concerns about tariffs and economic recession.According to 4E monitoring, U.S. stocks saw more declines than gains on Tuesday, with the Dow Jones rising 0.37%, the S&P 500 falling 0.47%, and the Nasdaq dropping 1.35%. Most large tech stocks declined, with Tesla plummeting over 8.39%, bringing its market value below $1 trillion, followed closely by Nvidia, which fell 2.8%. A recent report from Goldman Sachs indicated that hedge funds are withdrawing from U.S. tech and media stocks at the fastest pace in six months, with the seven tech giants entering a technical correction zone.The cryptocurrency market had already led the decline ahead of U.S. stocks yesterday, with Bitcoin dropping to $86,050 at one point and Ethereum hitting a low of $2,313. The cooling of meme coin trends, along with the upcoming unlocking of a large number of tokens, caused SOL to experience the steepest decline, dropping nearly 50% over the past month. Bitcoin spot ETFs saw a net outflow of $774 million yesterday, marking six consecutive days of net outflows. The cryptocurrency market has remained sluggish since February, and the week started with another significant drop, with the Fear and Greed Index falling to 21, a new low since September of last year.In the forex commodities sector, consumer confidence data pressured the dollar, causing the dollar index to drop 0.2%, nearing a two-month low set on Monday. Market concerns about oil demand, coupled with potential peace talks from Russia, led to oil prices falling over 2%. After reaching new highs, investors took profits, resulting in spot gold dropping over 1.2%.A series of weak data recently suggests that the U.S. economy may be entering a recession. The S&P and Nasdaq have seen four consecutive declines, exacerbating market concerns about declining consumer confidence and the impact of tariff policies on the economy. Traders are generally maintaining a cautious stance, waiting for more economic data and policy guidance. eeee.com (http://eeee.com/) is a financial trading platform supporting assets such as cryptocurrencies, stock indices, gold commodities, and forex. It recently launched a USDT stablecoin financial product with an annualized return of 8%, providing investors with a potential hedging option. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news reports that on February 25 at 8 PM Singapore time, SoSoValue officially launched the second season of the SSI passive index fund token staking activity and the platform token SOSO staking Boost feature, as monitored by on-chain analyst Yu Jin.On-chain data shows that just 2 hours after the activity started, the SOSO staking volume has reached 6.72 million tokens, accounting for 44.8% of the total airdrop amount for the first season EXP. According to the data from the SSI staking airdrop activity page: after users activate the Boost feature, the current APY for SSI staking is 64%.According to DefiLlama data, the TVL of the SSI index protocol has now reached $176 million, accounting for 6.08% of the total TVL of the Base network. Meanwhile, in the TVL leaderboard for Uniswap liquidity pools on the Base chain, three out of the top four positions are occupied by SSI index tokens, demonstrating strong market demand and liquidity advantages.

ChainCatcher news, the AI-driven asset management and investment research platform SoSoValue announced that the SSI (SoSoValue Indexes) Token Staking Epoch 2 staking event has officially begun, with 30 million SOSO airdropped as incentives this season. The rewards for the USSI index tokens based on Funding Rate have increased threefold compared to the first season. Meanwhile, its platform token SOSO has now been cross-chain to the Base network, supporting staking SOSO on the Base network to activate features such as "double mining rewards" and "AI assistant usage rights."According to official information, holding and staking USSI index tokens in this season's event can earn incentives three times higher than in the first season. The USSI index token is based on the Funding Rate strategy, aimed at providing users with low-risk, stable return investment options. During market downturns, this strategy can effectively enhance the stability of returns. The USSI staking mining activity can help users enjoy stable returns with zero risk exposure while stacking mining rewards. The USSI index token has gained recognition from tens of thousands of investors, with its TVL ranking among the top five in the Base ecosystem.In addition, staking SOSO can further enhance the mining rewards of the SSI token, with a maximum increase of up to 40 times. Staking SOSO also unlocks the AI investment assistant Socatis AI, helping users optimize their investment decisions. Users can purchase SOSO through decentralized exchanges on the Base network (such as Uniswap) or directly withdraw SOSO from centralized exchanges (such as Bybit) to the Base network for staking.SoSoValue also stated that users who participated in SSI staking in the first season (Epoch 1) will automatically participate in the second season (Epoch 2) without needing to restake. Additionally, the reward points query function for Epoch 1 has been opened.

ChainCatcher news, regulatory expert Amy Lynch stated that the U.S. Securities and Exchange Commission (SEC) may redefine the attributes of cryptocurrencies, with most tokens potentially classified as commodities, thus falling outside the SEC's jurisdiction. The SEC's lawsuit against Ripple Labs over the issuance of the XRP token has become a key indicator, as the SEC previously accused it of issuing unregistered securities. Importantly, this case is seen as a legal basis for classifying most cryptocurrencies as securities subject to SEC oversight.